|Oil rally has not yet turned the very long-term 100X3 P&F up
to confirm this weeks low as an interim bottom.Oil is trading unchanged on the week. The 25X3 Point & Figure shows it will take sustained price action above 54 to turn the 100X3
Indices show engulfing Bullish patterns with ORH weeks working.
Risk spreads; Nasd has the most room for upside.
Spoo pit currently will have a gap @ 2851
Midcap is into Fib resistance.
Index price action will revolve around how they hold an initial break.